A whale sold 27,800 ETH on Spark to cut losses, repaying $44.14 million in loans.

ETH-1,59%
DAI-0,04%

PANews February 6 News, according to on-chain analyst Yu Jin’s monitoring, a whale holding ETH lending positions on Spark started selling ETH to stop loss at $2,050 last night. After a night of stop loss, they sold 27,800 ETH to repay $44.14 million in loans.
The whale still has 9,810 ETH (worth $18.66 million) on Spark, with a loan of 1.283 million DAI. The liquidation price for the remaining position has dropped from $1,800 yesterday to $1,560 now.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Three ETH Short-Position Whales Record Over $8M in Profits Amid Market Stability

Gate News bot message, three whales holding ETH short positions have accumulated substantial profits exceeding $8 million as the market remains stable. Whale "0xed4" is holding an ETH short position with 25x leverage, showing a floating profit of $8.8 million. Whale "0x0b0" maintains an ETH short p

GateNewsBot26m ago

Base Co-creation: The theme for 2026 is Customer First, Building What Customers Need

Base Co-Founder Jesse stated at the Ethereum Denver Conference that Base will focus on infrastructure in 2025 and become customer-centric in 2026. Currently, Base has a robust blockchain and low-cost middleware, dedicated to understanding customer needs, integrating technology, and providing better products for clients.

GateNewsBot48m ago

Yesterday, US Ethereum spot ETF experienced a net outflow of $130.51 million.

ChainCatcher reports that, according to crypto analyst Trader T, US Ethereum spot ETFs experienced a net outflow of $130.51 million yesterday. ETHA (BlackRock): net outflow of $97.11 million; FETH (Fidelity): net outflow of $11.62 million; ETHW (Bitwise): net outflow of $3.34 million; ETH (Grayscale)

GateNewsBot1h ago

Vitalik posts twice in one day: Ethereum needs to resist censorship, AI should listen to humans

Ethereum co-founder Vitalik Buterin discusses the integration of FOCIL and EIP-8141, emphasizing their design for censorship resistance, while criticizing AI autonomy for increasing human risks. He believes these systems should maintain decentralized power, avoiding control by a single proposer or autonomous system, to ensure human freedom and safety.

動區BlockTempo1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)